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Leases | 6 Months Ended
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Jun. 30, 2022
Leases [Abstract] |
Leases | 4. Leases As of June 30, 2022, our lease portfolio consists entirely of operating leases, most of which are for corporate offices. Our operating leases have remaining lease terms of roughly 1 year to 10 years, some of which include options to extend the leases for up to an additional 10 years. Lease Costs Expense for operating leases is recognized on a straight-line basis over the lease term as an operating expense. We have lease agreements which require payments for lease and non-lease components (i.e., common area maintenance) that are accounted for as a single lease component. Variable lease payment amounts that cannot be determined at the commencement of the lease, such as maintenance costs based on future obligations, are not included in ROU assets or lease liabilities but rather are expensed as incurred and recorded as variable lease expense. The following table sets forth the components of lease expense for the three and six months ended June 30, 2022 and 2021 (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Operating lease cost | $ | 1,626 |  |  | $ | 1,695 |  |  | $ | 3,260 |  |  | $ | 3,325 |
Short-term lease cost | 76 |  |  | 13 |  |  | 164 |  |  | 54 |
Variable lease cost | 953 |  |  | 772 |  |  | 1,926 |  |  | 797 |
Total | $ | 2,655 |  |  | $ | 2,480 |  |  | $ | 5,350 |  |  | $ | 4,176 |
Supplemental Lease Information Supplemental balance sheet information related to operating leases as of June 30, 2022 and December 31, 2021 was as follows (in thousands, except for lease term and discount rate):
| As of
| June 30, 2022 |  | December 31, 2021
Right-of-use assets for operating leases | $ | 27,113 |  | $ | 27,897
Operating lease liabilities, current | $ | 7,988 |  | $ | 8,110
Operating lease liabilities, net of current portion | 47,210 |  | 48,784
Total operating lease liabilities | $ | 55,198 |  | $ | 56,894
Weighted average remaining lease term (in years) | 9.1 |  | 9.5
Weighted average discount rate | 9.5 | % |  | 9.5 | %
Supplemental cash flow and expense information related to operating leases for the six months ended June 30, 2022 and 2021 was as follows (in thousands):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
Operating cash outflows for operating leases | $ | 2,074 |  |  | $ | 1,754 |  |  | $ | 4,159 |  |  | $ | 3,503 |
Amortization of operating lease ROU assets | 325 |  |  | 353 |  |  | 631 |  |  | 677 |
Interest expense on operating lease liabilities | 1,305 |  |  | 468 |  |  | 2,626 |  |  | 870 |
A summary of our future minimum lease commitments under non-cancellable leases as of June 30, 2022 is as follows (in thousands):
| Operating Leases
2022 (excluding the six months ended June 30, 2022) | $ | 4,243 |
2023 | 8,273 |
2024 | 8,584 |
2025 | 9,283 |
2026 | 9,357 |
Thereafter | 48,775 |
Total lease payments | 88,515 |
Less: imputed interest | (33,317) |
Total | $ | 55,198 |

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -URI https://asc.fasb.org/subtopic&trid=77888251 + Details
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